Bluechip Tex Industries Ltd (506981)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Bluechip Tex's revenue was ₹59.1 Cr (+3.1% year on year, +12.3% on the previous quarter), and net profit ₹-0.8 Cr (a bigger loss than a year earlier); the operating margin was -0.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹59.1 | +3.1% | +12.3% |
| Operating profit | ₹-0.5 | loss widened | to loss |
| Net profit | ₹-0.8 | loss widened | to loss |
| EPS (₹) | -3.81 | loss widened | to loss |
| Operating margin | -0.8% | — | — |
📢 Recent Corporate Announcements
Blue Chip Tex Industries Limited announced the voting results of its 41st Annual General Meeting held on September 22, 2026. All six ordinary and special resolutions were passed with virtually 100% of polled votes in favor (12,15,178 votes out of 12,15,190). Turnout stood at 61.67% of total voting capital, dominated by the promoter group which cast 11,82,304 votes. Approved resolutions include adoption of FY26 financials, re-appointment of director Rahul A. Khemani, appointment of Independent Director Saurabh S. Somani, and adoption of updated MOA and AOA under the Companies Act, 2013.
- Total turnout stood at 61.67% with 12,15,190 votes polled out of 19,70,500 total shares
- Promoter group polled 11,82,304 votes (100% of their holding) unanimously in favor
- Public non-institutional turnout was 4.18% with 32,886 votes cast (32,874 in favor, 12 against)
- All 6 resolutions passed, including appointment of Independent Director Saurabh S. Somani and adoption of new MOA/AOA
Bluechip Tex Industries Ltd announced that its shareholders approved the adoption of a new set of Memorandum of Association (MOA) and Articles of Association (AOA) at the 41st Annual General Meeting held on September 22, 2026. The amendments align the company's charter documents with the Companies Act, 2013 and SEBI regulations, restructuring clauses under Table-F model articles. Main business objects remain unchanged, while incidental and other object clauses were merged as required by modern statutory norms. This is a standard compliance exercise with no immediate financial or operational impact.
- Shareholders approved new MOA and AOA at the 41st AGM held on September 22, 2026
- Main Objects under Clause III (A) remain unaltered while 'Other Objects' were restructured per Companies Act, 2013
- New AOA adopted is based on Table-F model articles for companies limited by shares
- Fee for duplicate/mutilated share certificate re-issue defined at Rs 20 per certificate
Bluechip Tex Industries Ltd has issued an intimation regarding communication sent to shareholders whose email addresses are not registered with the company, providing the weblink to the FY25-26 Annual Report pursuant to SEBI LODR Regulation 36(1)(b). The company's 41st Annual General Meeting (AGM) will take place via video conferencing on September 22, 2026, at 12:00 noon. The cut-off date for e-voting eligibility is September 15, 2026, with the e-voting window active from September 18 to September 21, 2026.
- 41st Annual General Meeting scheduled for Tuesday, September 22, 2026 at 12:00 noon via VC/OAVM
- Cut-off date for e-voting determined as Tuesday, September 15, 2026
- Remote e-voting window opens September 18, 2026 (9:00 AM) and closes September 21, 2026 (5:00 PM)
- Weblink communication sent pursuant to Regulation 36(1)(b) of SEBI LODR Regulations
Bluechip Tex Industries Limited has submitted its Annual Report for FY 2025-26 along with the Notice convening its 41st Annual General Meeting (AGM) scheduled for September 22, 2026, via Video Conferencing. Key agenda items include the adoption of audited financial statements, alteration of the Memorandum and Articles of Association to align with the Companies Act 2013, and the appointment of Mr. Saurabh S. Somani as an Independent Director for a five-year term ending August 11, 2031. Additionally, the ratification of Cost Auditor remuneration of Rs. 40,000 for FY 2026-27 is proposed. The filing is a standard annual regulatory compliance submission.
- 41st Annual General Meeting scheduled for Tuesday, 22nd September, 2026 at 12:00 noon IST via VC/OAVM
- Proposal to appoint Mr. Saurabh S. Somani (DIN: 06540706) as Independent Director for a 5-year term from August 12, 2026 to August 11, 2031
- Ratification of remuneration of Rs. 40,000 plus taxes for Cost Auditors M/s NKJ & Associates for FY 2026-27
- Special resolutions to adopt new sets of Memorandum of Association (MOA) and Articles of Association (AOA)
- Cut-off date for electronic dispatch of the AGM notice and Annual Report set as August 21, 2026
Bluechip Tex Industries Ltd has issued the notice for its 41st Annual General Meeting scheduled for September 22, 2026, via Video Conferencing. Key agenda items include adopting the FY26 financial statements, re-appointing director Mr. Rahul A. Khemani, and appointing Mr. Saurabh S. Somani as an Independent Director for a 5-year term. Shareholders will also vote on adopting updated Memorandum and Articles of Association in line with the Companies Act, 2013, alongside ratifying ₹40,000 cost auditor remuneration.
- 41st Annual General Meeting scheduled for Tuesday, 22nd September 2026 at 12:00 noon IST via VC/OAVM
- Appointment of Mr. Saurabh S. Somani as Independent Director for a 5-year term from August 12, 2026 to August 11, 2031
- Re-appointment of director Mr. Rahul A. Khemani (holding 67,580 shares, remuneration ₹36,00,000 p.a.) retiring by rotation
- Ratification of ₹40,000 plus taxes as remuneration for Cost Auditors M/s NKJ & Associates for FY27
Bluechip Tex Industries has announced a change in its board composition effective August 12, 2026. Mr. Rohit P. Bajaj has resigned as an Independent Director due to personal commitments, with no other material reasons cited. In his place, the board has appointed Mr. Saurabh S. Somani as an Additional Independent Director for a five-year term, subject to shareholder approval. Mr. Somani brings over 8 years of experience in finance and risk advisory, including a 5-year tenure at EY India.
- Mr. Saurabh S. Somani appointed as Independent Director for a 5-year term starting August 12, 2026
- Mr. Rohit P. Bajaj resigned from the board and all committees effective August 12, 2026
- New appointee Mr. Somani has 8+ years of experience in Finance, Investments, and Risk Advisory
- Audit and Nomination & Remuneration Committees reconstituted following the management change
- Company maintains a small market capitalization of Rs 24 Cr with thin operating margins of 1.2%
Bluechip Tex Industries (Market Cap: Rs 24 Cr) has scheduled its 41st Annual General Meeting (AGM) for September 22, 2026. The company will close its Register of Members and Share Transfer Books from September 15 to September 22, 2026, to determine eligibility for the meeting. Shareholders can participate in remote e-voting from September 18 to September 21, 2026. This is a standard regulatory procedure for the micro-cap textile company, which reported TTM revenue of Rs 220 Cr and a marginal operating profit margin of 1.2%.
- 41st Annual General Meeting (AGM) to be held on September 22, 2026
- Book closure period of 8 days from September 15 to September 22, 2026
- Remote e-voting window open from September 18 (9:00 AM) to September 21 (5:00 PM), 2026
- Cut-off date for determining e-voting rights is September 15, 2026
- Company maintains a debt-free status with a net worth of Rs 27 Cr as per latest context
Bluechip Tex Industries Ltd has appointed Mr. Saurabh S. Somani as an Additional Independent Director for a five-year term effective August 12, 2026. This appointment follows the resignation of Mr. Rohit P. Bajaj, who stepped down due to other commitments. The company, a micro-cap with a market capitalization of Rs 24 Cr and thin operating margins of 1.2%, has also reconstituted its Audit and Nomination & Remuneration committees to reflect these changes. Mr. Somani brings over 8 years of experience in finance and investments, including a five-year tenure at EY India.
- Appointment of Mr. Saurabh S. Somani as Additional Independent Director for a 5-year term starting August 12, 2026.
- Resignation of Mr. Rohit P. Bajaj from the Board of Directors effective August 12, 2026.
- Mr. Saurabh S. Somani brings 8+ years of experience in Finance & Investments, including 5 years in Risk Advisory at EY India.
- Reconstitution of the Audit Committee and Nomination & Remuneration Committee effective August 12, 2026.
- Company maintains a small market cap of Rs 24 Cr with TTM revenue of Rs 220 Cr and near-zero PAT.
Bluechip Tex Industries Ltd has appointed Mr. Saurabh S. Somani as an Additional Non-Executive Independent Director for a five-year term effective August 12, 2026. This appointment follows the resignation of Mr. Rohit P. Bajaj, who stepped down due to other commitments. Mr. Somani brings over 8 years of experience in finance and investments, including a five-year tenure at EY India in Risk Advisory. The company, a micro-cap with a market capitalization of Rs 24 Cr, has also reconstituted its Audit and Nomination & Remuneration committees to reflect these changes.
- Appointment of Mr. Saurabh S. Somani for a 5-year term starting August 12, 2026
- Resignation of Mr. Rohit P. Bajaj as Independent Director effective August 12, 2026
- New appointee Mr. Somani has 8+ years of experience in Finance & Investments, including 5 years at EY India
- Reconstitution of Audit and Nomination & Remuneration committees effective August 12, 2026
Bluechip Tex Industries reported a marginal 3% YoY revenue growth to ₹59.00 crore for the quarter ended June 30, 2026. However, the company continues to struggle with profitability, posting a net loss of ₹0.61 crore, slightly improved from a ₹0.63 crore loss in the same period last year. High raw material costs remain a significant burden, consuming 83.2% of total revenue. With a market cap of just ₹24 crore and a TTM operating margin of 1.2%, the company's financial health remains fragile despite being debt-free.
- Revenue from operations increased to ₹59.00 crore from ₹57.29 crore in the year-ago quarter.
- Net loss for the quarter stood at ₹0.61 crore, compared to a loss of ₹0.63 crore in June 2025.
- Cost of materials consumed reached ₹49.10 crore, representing 83.2% of total revenue.
- Finance costs saw a reduction to ₹0.41 crore from ₹0.55 crore YoY.
- Earnings Per Share (EPS) remained negative at -₹3.09 for the quarter.
Bluechip Tex Industries reported a net loss of ₹0.39 Cr for Q1 FY27, showing improvement from a ₹0.61 Cr loss in the same period last year. Revenue from operations grew 3.2% YoY to ₹59.00 Cr, though the company slipped back into a loss compared to the ₹1.05 Cr profit recorded in the preceding March 2026 quarter. The company continues to operate on extremely thin margins, with material costs consuming 83.2% of revenue. Additionally, the board appointed Saurabh S. Somani as an Independent Director following the resignation of Rohit P. Bajaj.
- Revenue from operations increased to ₹59.00 Cr in Q1 FY27 from ₹57.21 Cr in Q1 FY26
- Net loss narrowed to ₹0.39 Cr for the quarter ended June 2026 versus a loss of ₹0.61 Cr YoY
- Cost of materials consumed stood at ₹49.10 Cr, representing 83.2% of total revenue
- Mr. Saurabh S. Somani appointed as Additional Independent Director effective August 12, 2026
- 41st Annual General Meeting scheduled to be held on September 22, 2026, via video conferencing
Bluechip Tex Industries Ltd has scheduled a board meeting for August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of Rs 24 Cr and operates on thin margins, with a TTM operating profit margin of just 1.2%. While the company reported a net profit of Rs 1.05 Cr in the March 2026 quarter, its TTM PAT stands at Rs 0 Cr, reflecting historical volatility. Investors will be watching for signs of sustained profitability following the turnaround seen in the previous quarter.
- Board meeting scheduled for August 12, 2026, at 3:30 p.m.
- Agenda focuses on approving unaudited financial results for the quarter ended June 30, 2026.
- Company reported TTM revenue of Rs 220 Cr, which is significantly higher than its Rs 24 Cr market cap.
- March 2026 quarter showed a recovery with a net profit of Rs 1.05 Cr compared to a loss of Rs 0.61 Cr in June 2025.
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